Improve the Profitability of Your Stores Webinar 071212

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IMPROVE THE PROFITABILITY OF YOUR STORES

description

Learn how retailers are leveraging video-driven business intelligenceTM to maximize the profitability of every transaction with HD video

Transcript of Improve the Profitability of Your Stores Webinar 071212

IMPROVE THE PROFITABILITY OF YOUR STORES

Logistics

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If you have trouble with the webinar, please email

[email protected] for help

Encourage you to comment and ask questions

Please type questions into the chat window

Q&A both during webinar as well as at end

We welcome your feedback as well!

© 2012 Envysion, Inc.

Welcome and Introductions

Your hosts for today’s webinar:

Carlos Perez

VP Product & Marketing

Envysion

[email protected]

David Wedel

Manager Strategic Business Development

Sony

[email protected]

© 2012 Envysion, Inc. 3

Retail Today

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Even the best run retailers…

…spend millions analyzing…

…but still can’t see their business

Problem Solution

Video-Driven BI …

… from a MVaaS Platform

© 2012 Envysion, Inc.

Outline

• Turning Video into a Strategic Management Tool

– What is Video-Driven Business IntelligenceTM & MVaaS?

– Envysion & Sony

• Video Use Case Studies

– Operations / Process Adherence

– Loss Prevention / Return Fraud

– Marketing / Promotions Effectiveness

• Traffic Counting and Conversion

• Case Study: Big Lots

© 2012 Envysion, Inc. 5

Delivering Video-Driven Business IntelligenceTM

Providing unfiltered visual context, allowing operators to increase profitability

10-15% through broad utilization of powerful video-driven business intelligence

Business Intelligence

+

Actual Video

Managed Video as a Service (MVaaS)

6 © 2012 Envysion, Inc.

Envysion Sony Partnership

• Winning Combination of Best in Class Providers

– Powerful Video-Driven BI

– Industry leading HD Video

• Comprehensive camera portfolio to meet every application need

• Features enabling lower installation costs and total cost of

ownership

• Innovative Joint Solutions

– Analytics at the Edge (e.g. Traffic Counting)

© 2012 Envysion, Inc. 7

Ensure Process Adherence

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Eliminate Fraud and Loss

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Calculate Key Performance Indicators

People Count

• Customer Traffic in Store

Conversion Rate

• Transaction Count/ People Count

Average Dollar Per Transaction

• How much $ Customer Spend/Transaction

People Count X Conversion Rate X Dollars per Transaction – Shrink = Sales ($)

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Visibility to Traffic & Demographics

© 2012 Envysion, Inc. 11

Use Case: Conversion Rate

Conversion Rate = Transaction count to the people count

i.e. converted prospects

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Harnessing the Power of the Entire Organization

From Insurance Policy…

Case Study:

• Video in all 1,400+ locations

• 275+ video users across LP,

Operations, HR

• 1,000s logins year to date

• VCRs & DVRs with limited remote

access

• Limited users, local in store only

• Minimal utilization of video

…to Strategic Management Tool

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How is MVaaS Different?

Video Surveillance MVaaS

© 2012 Envysion, Inc. 14

SaaS Model

Managed Service

Evolutionary

Model Year

Innovation

Revolutionary

Continuous

Innovation

Hardware Model

IT Intensive

Few Users

Narrow Value

Proposition

Many Users

Endless Value

Propositions

Interested in Learning More?

Check Out Our Whitepapers!

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Using People Counting &

Conversion Rates to Increase Sales

Harnessing Big Data to Gain

Competitive Advantage

© 2012 Envysion, Inc.

Q&A

Type your questions into the chat

window

Let us know if you’d like us to follow

up with you for a demo!

Carlos Perez

(303) 381-4790

[email protected]

16 © 2012 Envysion, Inc.